Price for Inorganic Acids; Other than Hydrogen Fluoride in Kenya - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Kenya (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Kenya (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Kenya
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Kenya
Price for Inorganic Acids; Other than Hydrogen Fluoride in Kenya (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,326 per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of 88% against the previous year. As a result, import price attained the peak level of $3,255 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,483 per ton), while the price for Malaysia ($1,285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Kenya (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $1,669 per ton, falling by -16.5% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2014 an increase of 141% against the previous year. Over the period under review, the average export prices hit record highs at $2,773 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,584 per ton), while the average price for exports to Democratic Republic of the Congo ($148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Kenya
In 2022, imports of inorganic acids; other than hydrogen fluorides into Kenya soared to 338 tons, growing by 56% on 2021. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $448K in 2022. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 154 | 107 | 171 | 324 | 28.1% |
| China | 144 | 46.4 | 63.5 | 70.6 | -21.1% |
| India | 26.9 | 10.2 | 1.9 | 51.6 | 24.3% |
| United States | 8.5 | 5.2 | 13.3 | N/A | 25.1% |
| Others | 9.8 | 3.0 | 4.0 | 1.3 | -49.0% |
| Total | 343 | 172 | 254 | 448 | 9.3% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Kenya in 2022:
- Malaysia (252.3 tons)
- China (50.6 tons)
- India (34.8 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Kenya
In 2022, the amount of inorganic acids; other than hydrogen fluorides exported from Kenya surged to 19 tons, rising by 468% compared with the previous year. Overall, exports, however, continue to indicate a noticeable slump.
In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $32K in 2022. In general, exports, however, continue to indicate a perceptible contraction.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 17.9 | 6.3 | 0.5 | 31.3 | 20.5% |
| Democratic Republic of the Congo | 0.5 | 0.1 | N/A | 0.4 | -7.2% |
| Tanzania | 11.7 | 56.9 | 5.6 | 0.2 | -74.2% |
| Uganda | 3.6 | 4.6 | 0.3 | N/A | -71.1% |
| Others | 1.0 | 0.2 | 0.5 | 0.4 | -26.3% |
| Total | 34.6 | 68.2 | 6.8 | 32.4 | -2.2% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Kenya in 2022:
- Burundi (16.2 tons)
- Democratic Republic of the Congo (3.0 tons)
- Tanzania (0.1 tons)
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